ARway.ai (CSE:ARWY, OTCQB:ARWYF) announced that it has signed multiple Software-as-a-Service (SaaS) subscription deals with firms in real estate, fashion and hospitality for its augmented reality (AR) experience platform.
The company said the subscriptions marked a jump in the adoption of AR, virtual reality (VR), and extended reality (XR) technologies for location-based mobile applications.
“ARway.ai (CSE:ARWY, OTCQB:ARWYF) is quickly becoming the preferred choice among industry developers, following successful pilots and established credibility, and these subscriptions signify a major ramp-up in XR project adoption across various sectors,” the company said in a statement.
The first deal is with London-based Holition, which crafts bespoke AR, VR, and XR solutions for the art, beauty, fashion and retail sectors. Its clients include Rolls Royce, Tommy Hilfiger, Burberry, Tiffany&Co, Hermes, Moncler, and Christian Louboutin.
ARway said its platform will be used by Holition as another tool to deliver customer projects.
The second partnership is with Dubai, UAE-based 3D Marx, which offers 3D immersive virtual tours. The company will integrate ARway's indoor navigation and advertising solutions into their service offerings.
Finally, the third deal is with US-based real estate startup Aigentless which connects potential tenants with real estate agents for property showings.
Aigentless plans to use ARwayKit SDK to make property tours immersive journeys, with users benefitting from AR navigation to guide them through the spaces while highlighting key features and amenities through AR visuals.
ARway.ai is a spatial computing platform powered by AI providing an array of AR experiences for indoor spaces.